Cash App Settlement 2024 – Know Amount, Eligibility & Payment Dates

This Cash App Settlement is one of the significant concerns of many Americans looking forward to receiving compensation from them. Cash app and its parent company, Block, Inc., agreed to pay $15 million as a class action settlement to citizens who have lost their funds or are facing issues.

Cash App Settlement 2024

The Cash App has been accused of misleading customers and illegally using their information. Many customers have started noticing the unusual activities happening on their accounts, like extra fees, penalties, and fake accounts with their details. But when they tried to confront the application authorities, they denied all the charges. This led to the filing of a class action lawsuit against the company.

After trials, the company owners finally agreed to pay a Cash App Settlement amount, which can be distributed among customers. The settlement will be given to withdraw the lawsuit and civil penalties. A considerable share of this settlement will be distributed among citizens as compensation from the application authorities.

Cash App Legal Settlement Overview

Authority	Cash App
Program Type	Cash App Settlement
Country	USA
Settlement Amount	$15 Million
Claim Deadline	Given Below
Max Compensation	$2,500
Category	Government Aid
Official Website	www.cashappsecuritysettlement.com

Cash App Settlement Understanding

• The Cash App Class Action Settlement addresses the two essential data breaches which the company has done.
• In December 2021, a former employee accessed the sensitive user information reports without consent.
• Unauthorized access has occurred through recycled phone numbers linked to the Cash App digital accounts.

Cash App Settlement Eligibility Criteria

American customers who have faced the issues and want to receive the payment of Cash App Settlement need to meet the eligibility criteria. The court and Block, Inc. have designed the eligibility criteria to be strictly followed by the citizens to receive the settlement amount.

• Customers need to be a current or former Cash App user.
• Customer must have faced personal information accessed by the employees without your consent.
• They must have faced fraudulent transactions from their bank accounts and got some unsolved errors on your account.
• Customers must have the data breach issue between 23 August 2018 and 20 August 2024.

How to claim Cash App Settlement Payment?

To claim the Cash App Class Action Settlement, customers need to follow the procedure, which involves basic steps that are mentioned below:

• Visit the official website of the authorities on your respective devices.
• From the notification section, click on the claim option, which is available there.
• Start filling in the form’s details, including account information.
• Submit it and wait for the authorities’ notification.

Cash App Class Action Settlement Important dates

Customers who believe they are qualified to receive the Cash App Settlement need to know about the essential dates provided by the authorities.

• Claim Submission Deadline is 18 November 2024.
• The Final Approval Hearing will be on 13 January 2025.
• Payment will be issued after this final hearing of the court.

Cash App Settlement Amount

The authorities will provide compensation depending upon the loss faced by the citizens. They believe that in this way, it is easy to distribute a needed relief amount to the citizens. The maximum compensation distributed among customers is $2,5,00, which will only be given to those who qualify.

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